WINDHOEK, May 21 – Namibia’s largest diamond mining company Namdeb recorded a 73-million-dollar loss in its annual results for 2009, as the global recession ravaged sales, the company said Thursday. ‘Carats sold in 2009 have decreased by 25 percent and
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LVMH Moët Hennessy Louis Vuitton recorded a revenue of €17.1 billion ($23.31 billion) in 2009. The luxury products group suffered a 1 percent decline in revenue and 13 percent drop in profit compared to 2008. The Watches & Jewelry segment suffered a severe blow, declining to €764 million ($1.04 billion).
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